Backlog O’Links for August 30, 2010: Old stuff that’s not even newsworthy anymore.

July 25, 2010
  1. World Socialist Party (US) | Making Bread

    Daryl Larson, who farms 1,500 acres in Kansas sold nearly half of his wheat crop but will keep the rest in the silo in the expectation that the prices will at least climb further. Most analysts would concur with Mr Larson’s strategy of holding on to some grain for added profit. The [Socialist Party of Great Britain] only asks: why do some in this world face destitution and hunger, while others hoard food to obtain higher profits?

    Farm subsidies complicate the issue, but the simple answer is: Daryl Larson, the producer of the food, has the perfect right to do anything he pleases with it. He was under no obligation to make the food. Similarly, he is under no obligation to distribute the food. If Mr. Larson were forced to sell his grain at prices he did find agreeable, he probably not stay in the wheat business for very long.

    If we added farm subsidies into the mix, then, depending on why the subsidies were paid in the first place, there could be a basis upon which to demand that Mr. Larson make some concessions to taxpayers….

  2. AFL-CIO NOW BLOG | Public to Lawmakers: Tax the Rich1) Aren’t you glad that the public has no authority to confiscate and redistribute your private property?? 2)Never trust anyone who classifies tax cuts as ‘spending’. 3) This article quotes labor secretary Robert Reich who believes that the ‘fundamental cause’ of the financial crisis is wealth disparity. If not for wealth disparity, the argument goes, Americans would not have needed to borrow so much. I’ve never heard this one before…  Read the rest of this entry »

Links for July 19, 2010: To Stimulate or Not To Stimulate; What Police Can Do; much, much more….

July 18, 2010

    Paul Krugman: Boost aggregate demand! Muahahaha!!!

  1. It’s good to hear Krugman speak and respond to questions. The thrust of this discussion is that the opposition to the stimulus is a visceral reaction, not an intelligent one. Although some guests early on questioned the empirical efficacy of the stimulus, we did really not hear from any Thomas E. Woodses or any Peter Schiffs who maintained, in quite an intellectual fashion, that the stimulus is simply bad economic policy. Krugman remarks toward the end that he doesn’t see stimulus jobs as “makework” jobs. I do not understand how this position can be honestly defended alongside the position that we now need government to “boost aggregate demand”, i.e. create demand where none existed before. What is the purpose of the stimulus if it is not to “make work”? If these were not “makework” jobs, we would do them anyway. We would not need an economic crisis as a pretense for passing $700 billion spending bills. For a response to the assertion that Roosevelt’s slashing of the deficits caused a recession in 1937, see this. For a response to the assertion that World War II spending lifted the U.S. economy out of the depression, listen here, starting at 32:17.  Read the rest of this entry »


Links for July 12, 2010: Is the Energy Star Program a Rubber Stamp?; Much Ado About the Economy, Economics; Much, Much More!

July 11, 2010
  1. The Government Accountability Office tested the government’s Energy Star program with phony products and found it essentially to be a rubber stamp–except that only 15 of 20 products were accepted and two were rejected.  I wish they’d explained the rejections in a little more detail.

  2. Every time a libertarian stays in the closet, an angel gets its wings ripped off.

  3. We need you out here!!! I highly recommend listening to Mises.org podcasts and watching Reason.tv. After a while, you’ll come to realize that you have ready responses to every statist argument that comes down the tube.  Also, take Christopher Hitchens’s sage advice to heart.

  4. “The Conscience of a Liberal”: Calling your opponent “bizarre” and “crazy” = Checkmate!!! See full ThinkMarkets.wordpress.com response hereRead the rest of this entry »


Links for June 7, 2010: The Greecing of America, A Libertarian Answer to Oil Spills, Ayn Rand as a “Gateway Drug”, others….

June 6, 2010
  1. Debt crisis: Coming soon to a country near you…

  2. Greece PM threatens lawsuit against United States investment banks for their “role” in the Greek government’s uncontrolled spending spree. Whatever. In other news, the threat made Democracy Now! headlines, sans, of course, any reference to Greece’s massive public debt–apparently 113% of GDP. Maybe they already did a show on it??

  3. There has been an uneasy dearth of commentary from my favorite libertarian sources on the BP oil spill. Here is one of the best posts I’ve come across explaining what libertarianism could have done, and can still do, for the Gulf. Read the rest of this entry »


Links for May 17, 2010: The Real Drug War, Fiscal Irresponsibility, Fun with Gold, others….

May 16, 2010
  1. But despite all the anger the raid has inspired, the only thing unusual thing here is that the raid was captured on video, and that the video was subsequently released to the press. Everything else was routine. … Raids just like the one captured in the video happen 100-150 times every day in America.

    According to Montgomery, when the couple’s neighbors inquired about the raid, they were told that the SWAT team had merely conducted a drill, and no shots were fired. When neighbors learned from the family that this was a lie, they began writing to the department and the Daily Tribune to demand answers. When the couple discovered the police had videotaped the raid, they requested a copy of the video. Montgomery said in her email that the copy they were initially given had no audio, and the incriminating (to the police) portions of the video had been removed.

    On February 23, the Daily Tribune published its first story on the raid. The paper made its own request for the SWAT video, which the police department initially denied. On April 20, Jonathan Whitworth pleaded guilty to a single charge of possession of drug paraphernalia. He wasn’t even charged for the minor amount of marijuana in his home (marijuana for personal use has been decriminalized in Columbia). He was issued a $300 fine. On April 27, the Daily Tribune made a formal request for the video, which it received on April 30, with full audio and with no visuals removed.

    This is the war on drugs: Blatant terrorism, shameless deception, and desperate cover-ups. It happens in cities across the nation every day. I’m ready to end this madness whenever you are.   Read the rest of this entry »